• Some Needed Certainty on Administrative Expense Status
  • July 28, 2017 | Author: Mark D. Sherrill
  • Law Firm: Eversheds Sutherland (US) LLP - Washington Office
  • Law360

    Full article

    Debtors in bankruptcy have often used the ambiguity surrounding the meaning of the word “received” as a tool to fight against administrative expense claims. In his article for Law360, Eversheds Sutherland (US) Partner Mark Sherrill discusses that earlier this month, the US Court of Appeals for the Third Circuit issued an opinion in the case of In re World Imports, Ltd. that will likely be highly influential on this matter